Nalco achieving new milestones: Chand

The 72nd Independence Day was celebrated at Nalco here with patriotic fervour. CMD Dr Tapan Kumar Chand hoisted the Tri-colour and addressed the employees on the occasion.

“A confident Nalco is continuously growing in the backdrop of achieving raw material security, new milestones in R and D, redefined corporate plan and business strategy and time bound action plan. We have started implementing an expansion plan to achieve 1.1 million tonne aluminium production by 2022-23 and 1.7 million tonne by 2027-28. New alumina refinery work in Damanjodi has already started, DPR for new smelter and power plant at Angul are under preparation, a cluster of industries at Kamakhyanagar is getting developed for which land has already been identified,” Dr Chand stated.

Recently, foundation stone for new wire rod mill has already been laid and the project will be completed by mid-2020. The Angul Aluminium Park is receiving huge response from project proponents and the demand of aluminium from the proposed downstream units in the park is propelling the new smelter to come first,” said Dr Chand.